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1864 1C Indian Cent / Flying Eagle Cent Mule, Judd-362, Pollock-428, Snow-PT2, R.8, PR62 PCGS....
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Description
1864 Indian Head / Flying Eagle Cent Mule
Judd-362, Struck in Copper-Nickel, PR62
1864 1C Indian Cent / Flying Eagle Cent Mule, Judd-362,
Pollock-428, Snow-PT2, R.8, PR62 PCGS. Ex: Simpson. A mule that
combines the regular Indian cent die from 1864 (No L) with the
obverse of an 1858 Flying Eagle cent. Struck in copper-nickel with
a plain edge. This fantasy coin was most likely produced for sale
to collectors. Specialist Rick Snow writes: "This is a very rare
and unusual mule. Its reason for striking is unknown, except that
it is undoubtedly what one would call a fancy piece." There is
simply no legitimate reason for producing a small cent from the
obverses of two different designs. That, of course, is part of what
makes this Indian Head / Flying Eagle cent pattern so
extraordinary.It is believed that three to four examples exist today, with the variety's first public auction appearance occurring as early as an October 1868 Mason & Company sale, lot 570, according to USPatterns.com. This piece has been traced to the Lee Lahrman Collection, where it was sold as part of a lot of 15 copper-nickel cents from 1856 to 1869 that included the 1863 and 1864 With L, 1865, 1866, and 1869. It reappeared as a single lot in a November 1974 Paramount sale, and then again when we offered it more than 13 years ago. Here, once more, is a rare chance to obtain this remarkable Indian and Flying Eagle cent mule.
This is a sharply struck representative and appealing in spite of the PR62 grade. The surfaces are bright with significant reddish patina around the margins. A few stray marks and spots of discoloration have no impact on the desirability or importance of this small cent rarity. They are all that stand in the way of a higher numeric assessment.
Ex: Lee Lahrman Collection (Abe Kosoff, 2/1963), lot 918: Grand Central Convention Auction (Paramount, 11/1974), lot 354; ANA National Money Show (Heritage, 3/2007), lot 1575; Collection of Samuel J. Berngard & Treasure Coins of the S.S. New York (Stack's, 7/2008), lot 4179.
Collecting Patterns – A Brief History and Commentary
Coin Index Numbers: (NGC ID# 29GU, PCGS# 60532)
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
View all of [Important Selections from The Bob R. Simpson Collection, Part III ]
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